Brookfield Corporation Announces Renewal of Normal Course Issuer Bid for Preferred Shares

Core Viewpoint - Brookfield Corporation has received approval from the Toronto Stock Exchange for the renewal of its normal course issuer bid to repurchase up to 10% of the public float of its outstanding Class A Preference Shares, with the bid period extending from August 22, 2025, to August 21, 2026 [1][3]. Summary by Relevant Sections Normal Course Issuer Bid - The renewed normal course issuer bid allows Brookfield to purchase Preferred Shares on the open market, with all acquired shares to be cancelled [1][3]. - The company has not made any purchases under the current issuer bid that commenced on August 22, 2024, which will expire on August 21, 2025 [3]. Series and Trading Information - The company has various series of Preferred Shares, with the maximum number of shares subject to purchase varying by series. For example, Series 2 has a maximum of 1,717 shares, while Series 24 has a maximum of 2,966 shares [2][14]. - The average daily trading volume for these shares ranges from 1,000 to 11,864, depending on the series [2]. Automatic Share Purchase Plan - Brookfield plans to implement an automatic share purchase plan around the week of September 22, 2025, allowing for purchases during internal trading black-out periods [4]. Company Overview - Brookfield Corporation is a leading global investment firm focused on long-term wealth creation across three core businesses: Alternative Asset Management, Wealth Solutions, and Operating Businesses in renewable power, infrastructure, and real estate [6][7]. - The company has a history of delivering over 15% annualized returns to shareholders for more than 30 years, supported by its investment and operational expertise [7].